Market Overview - The Shanghai Composite Index rose by 0.21% on May 21, with 12 industries experiencing gains, led by coal and non-ferrous metals, which increased by 2.55% and 2.05% respectively [2] - Conversely, the beauty care and electronics sectors saw declines of 1.09% and 0.93% [2] - The machinery equipment industry fell by 0.83% [2] Capital Flow Analysis - The main capital outflow from the two markets totaled 23.932 billion yuan, with 8 industries seeing net inflows [2] - The power equipment sector had the highest net inflow, amounting to 777 million yuan, while the non-ferrous metals sector followed with a net inflow of 716 million yuan [2] - A total of 23 industries experienced net capital outflows, with the electronics sector leading at 5.353 billion yuan, followed by the machinery equipment sector at 4.038 billion yuan [2] Machinery Equipment Sector Details - The machinery equipment sector had 530 stocks, with 90 stocks rising and 426 stocks declining [3] - Among the stocks with net inflows, the top performer was Tailor Co., with a net inflow of 169 million yuan, followed by Jinxi Vehicle Axle and Blue Ocean Huaten with inflows of 64.56 million yuan and 46.13 million yuan respectively [3] - The sector's stocks with the highest net outflows included Aerospace Power, Guoji Precision, and Daye Co., with outflows of 252 million yuan, 131 million yuan, and 130 million yuan respectively [3][5] Top Gainers in Machinery Equipment Sector - The top gainers in the machinery equipment sector included: - Tailor Co. (9.94% increase, 169.15 million yuan inflow) - Jinxi Vehicle Axle (4.27% increase, 64.56 million yuan inflow) - Blue Ocean Huaten (6.21% increase, 46.13 million yuan inflow) [4] Top Losers in Machinery Equipment Sector - The top losers in the machinery equipment sector included: - Aerospace Power (-9.74% decrease, 251.98 million yuan outflow) - Guoji Precision (-4.24% decrease, 130.81 million yuan outflow) - Daye Co. (-8.05% decrease, 130.19 million yuan outflow) [5]

Group 1 - The legal opinion letter was issued by Beijing Jiayuan Law Firm regarding the first extraordinary general meeting of shareholders of Shaanxi Aerospace Power High-Tech Co., Ltd. in 2025 [1][2] - The law firm confirmed that it conducted necessary verifications and received assurances from the company that all relevant materials provided were true, accurate, complete, and valid [2][3] - The meeting was convened by the company's board of directors, and the notice of the meeting included details such as time, location, agenda, voting procedures, and registration methods [3][4] Group 2 - A total of 562 shareholders participated in the meeting, representing 195,516,417 shares, which accounted for approximately 30.6% of the total shares [4][5] - The voting process combined on-site voting and online voting, with specific time frames for each method [4][5] - Two resolutions were passed during the meeting, including the approval of the estimated amount for related party transactions for 2025 and the signing of a financial service agreement with a related party [5][6] Group 3 - The law firm concluded that the procedures for convening and holding the meeting, as well as the qualifications of the convenor and attendees, complied with relevant laws and regulations [4][6] - The voting results for both resolutions were valid, with the first resolution receiving 88.13% approval and the second resolution receiving 88.31% approval from the voting shareholders [5][6]

证券代码：600343 证券简称：航天动力 公告编号：临 2025-020 陕西航天动力高科技股份有限公司 2025年第一次临时股东会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： (一)股东会召开的时间：2025 年 5 月 20 日 (二)股东会召开的地点：西安市高新区锦业路 78 号航天动力公司中心会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 562 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 11,853,025 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 2.6076 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东会由公司董事会召集，董事长孙彦堂先生主持，会议由现场投票结合网 络投票的表决方式召开，会议的召集、召开和表决程序符合《公司法》及《公司 章程》的规定。 1 本次会议是否有否决议 ...

北京市嘉源律师事务所 关于陕西航天动力高科技股份有限公司 2025年第一次临时股东会的 法律意见书 西城区复兴门内大街 158 号远洋大厦 4 楼 中国·北京 北京BEIJING·上海SHANGHAI·深圳SHENZHEN·香港HONG KONG·广州GUANGZHOU·西安XI'AN 致：陕西航天动力高科技股份有限公司 北京市嘉源律师事务所 关于陕西航天动力高科技股份有限公司 2025年第一次临时股东会的 法律意见书 嘉源(2025)-04-344 北京市嘉源律师事务所（以下简称"本所"）接受陕西航天动力高科技股份 有限公司（以下简称"公司"）的委托，根据《中华人民共和国公司法》（以下 简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、 《上市公司股东会规则》（以下简称"《股东会规则》"）等现行有效的法律、 行政法规、部门规章、规范性文件（以下简称"法律法规"）以及《陕西航天动 力高科技股份有限公司章程》（以下简称"《公司章程》"）的有关规定，指派 本所律师对公司2025年第一次临时股东会（以下简称"本次股东会"）进行见证， 并依法出具本法律意见书。 为出具本法律意见书，本所指派律师 ...

Mergers and Acquisitions - Multiple companies are experiencing stock price increases due to merger and acquisition activities, with notable gains including Zongyi Co. at 10.10% and Daqimo at 10.06% [2][3] - New entrants in the market such as Binhai Energy and Jinhongshun also saw significant increases of 10.00% and 9.98% respectively, attributed to similar merger activities [2] - The trend continues with companies like Huayuan Real Estate and Hunan Development achieving first board listings with gains of 9.94% and 9.97% [3] Shipping and Ports - Following the implementation of tariff adjustments between China and the US, there has been a surge in container bookings from China to the US, positively impacting shipping and port stocks [4] - Nanjing Port, Ningbo Shipping, and Lianyungang have all recorded five consecutive days of price increases, with gains of 9.97%, 10.04%, and 10.07% respectively [4][6] Robotics - The robotics sector is gaining attention, with Nvidia's CEO indicating that all mobile devices will become robots, potentially revolutionizing the industrial sector [7] - Companies like Zhongchao Holdings and Xinlong Health have seen stock increases of 10.13% and 10.01% respectively, driven by advancements in robotics [8] Chemical Products - Recent price hikes in chemical products such as dibutyl phthalate and hydroxyl esters have drawn market attention, benefiting companies like Zhongyida and Youfu Co. with stock increases of 9.99% and 10.04% [10][11] Food and Beverage - The release of new regulations by the Ministry of Commerce and the National Development and Reform Commission is expected to boost the food and beverage sector, with stocks like Jiaoda Angli and Baihe Co. seeing gains of 10.00% and 10.01% [12][15] Military and Aerospace - The debut of the "Jiutian" drone at the 15th China Airshow is anticipated to enhance the military sector, with companies like Chengfei Integration and Lijun Co. achieving stock increases of 10.00% and 10.02% [16][19] Nuclear Power - The announcement of procurement projects by China Fusion Energy Co. is expected to stimulate the nuclear power sector, benefiting companies like Wangzi New Materials and Baili Electric with stock increases of 9.99% and 9.92% [16][17] Venture Capital - Recent regulatory changes encouraging private equity participation in mergers and acquisitions are positively impacting venture capital stocks, with companies like Jiuding Investment and Electronic City seeing gains of 10.01% and 9.90% [19] Pet Economy - The pet economy is projected to grow significantly, with companies like Yuande Pet and Tianyuan Pet achieving stock increases of 9.98% and 20.00% [20][21] Carbon Fiber - Price increases in carbon fiber products have been reported, benefiting companies like Jilin Chemical Fiber with a stock increase of 10.04% [22][23] Smart Driving - The Ministry of Industry and Information Technology's push for mandatory standards in smart connected vehicles is expected to drive growth in the automotive sector, with companies like Wan'an Technology and Luchang Technology seeing stock increases of 10.00% [26][27] Rare Earth Permanent Magnets - Tightening supply of rare earth materials due to export controls has led to price increases, benefiting companies like Huayang New Materials and Jiuwu High-Tech with stock increases of 10.10% and 20.02% [28][29] Huawei Harmony - Huawei's upcoming product launch is expected to positively impact related stocks, with companies like Dongfang Zhongke and Dahua Intelligent seeing stock increases of 10.01% and 9.94% [30]

陕西航天动力高科技股份有限公司 二〇二五年五月 航天动力 2025 年第一次临时股东会会议资料 航天动力 2025 年第一次临时股东会会议资料 目 录 关于与航天科技财务有限责任公司签署《金融服务协议》暨关联交易的议案 14 航天动力 2025 年第一次临时股东会会议资料 陕西航天动力高科技股份有限公司 一、会议召开形式 本次股东会采取现场投票与网络投票相结合的方式召开 二、会议时间 （一）网络投票时间：采用上海证券交易所网络投票系统，通过交易系统投 票平台的投票时间为 2025 年 5 月 20 日的交易时间段，即 9:15-9:25，9:30-11:30， （二）现场会议时间：2025 年 5 月 20 日 14:30 三、现场会议地点 西安市高新区锦业路 78 号航天动力公司中心会议室 （六）现场股东投票表决 四、见证律师 北京市嘉源律师事务所律师 五、会议议程 （一）主持人宣布会议开始 （二）报告出席现场会议的股东、股东代表人数及其代表的有表决权股份数 （三）提请股东会审议如下议案： 易的议案》。 航天动力 2025 年第一次临时股东会会议资料 （四）股东提问和发言 （五）推选现场计票、监票人 （七） ...

航天动力 2025 年第一次临时股东会会议资料 陕西航天动力高科技股份有限公司 2025 年第一次临时股东会会议资料 二〇二五年五月 1 航天动力 2025 年第一次临时股东会会议资料 目 录 | 2025 年第一次临时股东会会议议程 3 | | --- | | 关于预计公司 2025 年度日常经营关联交易金额的议案 5 | | 关于与航天科技财务有限责任公司签署《金融服务协议》暨关联交易的议案 14 | 2025 年第一次临时股东会会议议程 一、会议召开形式 本次股东会采取现场投票与网络投票相结合的方式召开 二、会议时间 （一）网络投票时间：采用上海证券交易所网络投票系统，通过交易系统投 票平台的投票时间为 2025 年 5 月 20 日的交易时间段，即 9:15-9:25，9:30-11:30， 13:00-15:00；通过互联网投票平台的投票时间为2025年5月20日的9:15-15:00。 2 （二）现场会议时间：2025 年 5 月 20 日 14:30 航天动力 2025 年第一次临时股东会会议资料 陕西航天动力高科技股份有限公司 北京市嘉源律师事务所律师 五、会议议程 3 （一）主持人宣布会议开 ...

Core Insights - The successful production of the 100th liquid oxygen-methane rocket engine by Blue Arrow Aerospace marks a significant milestone in China's commercial space industry, transitioning from single-unit breakthroughs to mass production [1][2] - The choice of liquid oxygen-methane as rocket fuel is driven by its cost-effectiveness and efficient combustion properties, which are essential for reducing operational costs in commercial space endeavors [1] - The successful launch of the Zhuque-2 remote second carrier rocket in July 2023, utilizing the liquid oxygen-methane engine, fills several technological gaps in domestic liquid oxygen-methane rocket capabilities [1] Company Developments - Blue Arrow Aerospace has developed three series of engines, namely "Tianque," "Tianque A," and "Tianque B," which are characterized by strong thrust, lightweight structure, and wide adjustment range [1] - The company has demonstrated its engineering capabilities to support high-density, low-cost, and reusable commercial launches, laying a solid foundation for the normalization of commercial space launches in China [2] Industry Context - The local government has provided comprehensive support in technology innovation, industry assistance, and resource guarantees, showcasing the deep integration and collaborative development between private aerospace enterprises and local industrial policies [2] - The aerospace industry chain in Huzhou, Zhejiang, has over 40 upstream and downstream enterprises, indicating a growing ecosystem for commercial space activities [2]

证券代码：600343 证券简称：航天动力 公告编号：临 2025-019 陕西航天动力高科技股份有限公司 关于召开2025年第一次临时股东会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、 召开会议的基本情况 (一)股东会类型和届次 2025年第一次临时股东会 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 5 月 20 日 14 点 30 分 召开地点：西安市高新区锦业路 78 号航天动力公司中心会议室 (五)网络投票的系统、起止日期和投票时间。 股东会召开日期：2025年5月20日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合的方 式 无。 网络投票系统：上海证券交易所股东会网络投票系统 二、 会议审议事项 网络投票起止时间：自2025 年 5 月 20 日 至2025 年 5 月 20 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 ...

证券代码：600343 股票简称：航天动力 编号：临 2025-018 陕西航天动力高科技股份有限公司 关于将前次股东会未通过议案再次提交股东会 审议的说明公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、前次股东会未获通过议案的情况 陕西航天动力高科技股份有限公司（以下简称"公司"）于 2025 年 4 月 28 日 召开 2024 年年度股东会，经会议审议，《关于预计公司 2025 年度日常经营关联交 易金额的议案》《关于与航天科技财务有限责任公司签署<金融服务协议>暨关联交 易的议案》未获通过。具体表决情况如下： （一）《关于预计公司 2025 年度日常经营关联交易金额的议案》； 关联股东西安航天科技工业有限公司、西安航天发动机有限公司、陕西苍松机 械有限公司已回避表决； 关联股东西安航天科技工业有限公司、西安航天发动机有限公司、陕西苍松机 械有限公司已回避表决； 表决情况：同意 2,987,020 股，占出席本次股东会有效表决权股份总数的 39.6937％；反对 4,445,240 股，占出席本次股东会有效表决 ...